CGB 0.00% 2.1¢ cann global limited

Ann: Australias largest hemp food production underway, page-77

  1. 1,311 Posts.
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    Look, i'm all for QBL, and I'm still patiently holding. However we also need a bit of realism.

    To me, the announcement was great to re-affirm a dividend (though I still remain somewhat sceptical until I see actual profits generated), but really what was announced that was new and not already known by the market? From my interpretation nothing really. So whilst we have a good rise (I assume on the basis of the comments about wholesaling and orders coming through) etc. I think the BIG rise will come when we announce profits, supply agreements, bauxite supply agreements, etc.

    Whilst a good and positive announcement, have another read and you'll realise nothing really 'new' that hasn't been known or announced previously has come out today?

    Just my opinion, and FYI i'm all for QBL and still holding (and will be for a while still where there is so much positive news in the pipeline).

    Cheers.
 
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